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Home > Publications and Research > Press Releases > December 1997

Press Releases

30 December 1997
Bank Releases Guideline for Regulatory Oversight Under Payment Clearing and Settlement Act

Press Release

The Bank of Canada today released a guideline outlining how it intends to carry out its responsibilities under the Payment Clearing and Settlement Act (PCSA).
12 December 1997
Bank Rate Raised to 4 1/2 Per Cent

Press Release - Ottawa, Ontario

The Bank of Canada today raised its Bank rate by ½ of one percentage point to 4 ½ per cent.

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